BLOCK CLUB CHICAGO NFP (EIN 823844275) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

SHAMUS TOOMEY

Phone

3128600020

Tax Period

2023-01-01 to 2023-12-31

BLOCK CLUB CHICAGO NFP, founded in 2018, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 21% operating deficit.

Mission

BLOCK CLUB CHICAGO IS A NONPROFIT NEWS ORGANIZATION DEDICATED TO DELIVERING RELIABLE, NONPARTISAN AND ESSENTIAL COVERAGE OF CHICAGO'S DIVERSE NEIGHBORHOODS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,739,480

Program Service Revenue $1,377,211

Investment Income $65,944

Other Revenue $12,011

TOTAL REVENUE $3,194,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,019,671

Fundraising Expenses $315,504

Program Expenses $2,873,315

Other Expenses $846,275

TOTAL EXPENSES $3,865,946

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,194,646	$4,658,944	-0.3%
Expenses	$3,865,946	$2,440,100	+0.6%
Net Income	$-671,300	$2,218,844	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,000

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA WASHINGTON	PRESIDENT	5.00	Officer Director	$2,000	$0	$2,000
BRANT HOUSTON	SECRETARY	5.00	Officer Director	$0	$0	$0
DAN ISRAELITE	TREASURER	5.00	Officer Director	$0	$0	$0
CHARLES F WHITAKER	DIRECTOR	5.00	Director	$0	$0	$0
SHAMUS TOOMEY	EDITOR-IN-CHIEF	60.00	Highest	$156,002	$0	$156,002
JENNIFER SABELLA	DIRECTOR OF STRATEGY	60.00	Highest	$155,942	$0	$155,942
STEPHANIE NORINE LULAY	MANAGING EDITOR	60.00	Highest	$146,354	$0	$146,354

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,194,646	$3,865,946	$3,312,244	$-671,300
2022	$4,658,944	$2,440,100	$3,912,831	$2,218,844
2021	$2,107,050	$1,814,815	$1,630,325	$292,235
2020	$1,799,866	$1,373,330	$1,224,016	$426,536
2019	$1,098,067	$1,010,148	$671,942	$87,919
2018	$921,675	$636,239	$405,401	$285,436

BLOCK CLUB CHICAGO NFP